Summary of the product in go venture CEO if the company success or fail in period 1 and 2 ?

financials report

PeriodProfitRevenueBudget AvailableBudget SpentAverage Market Size Tasting RoomAverage Market Size Wholesale Average Market Size Wine ClubScore (Cumulative

2$777.35$3,191.46$3,109.24$2,017.55$2,500.00$2,500.00$1,500.00100%

1$1,707.68$3,759.33$2,250.00$2,194.60$2,500.00$2,500.00$1,500.00100%

Pricing

PeriodSelling PriceReseller DiscountRevenue Per Unit SoldCost of Goods (per unit)Profit Margin (before expenses)

1 $70 15% $59.5 $11.00 69 %

2 $70 15%$59.5 $10.00 71%

We have not had any units expire this period.

Our Inventory Carrying Costs this period are $3,248 for a cumulative total of $180,448. This means we have unsold inventory that is costing us to store.

We missed 26,516 unit sales this period because we did not produce enough product. That cost us $1,510,086 in lost revenue this period and a cumulative total of $7,583,762. We should consider producing more product if you think we may continue to miss sales. Note that missed sales may also be caused by competitors not producing enough product.

Our price seems to be low compared to competitors. That makes us less profitable on each unit sold, but may increase the number of units we are able to sell. A low price may be ok if we are targeting consumers who are price-concerned and we feel that we can sell more volume than our competitors. Raising our prices will increase our profit on each unit sold, but may reduce the number of units we can sell, depending on what our competitors are doing.

Our product Packaging is high compared to competitors. This means we may be attracting more Packaging-concerned consumers.

Our product Sustainability is high compared to competitors. This means we may be attracting more Sustainability-concerned consumers